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> Economy

Greece remains No.1 in unemploymemnt rate, says Eurostat

Data released shows Spain and Cyprus follow Greece in jobless rate

Newsroom March 6 08:59

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According to Eurostat, Greece remains the champion in unemployment rates among EU member states, with 23%. The data published by the European statistical services revealed that while the unemployment average was below 10% in the rest of the common currency union and stood at levels below 2009, Greece’s jobless rate was two and a half more. Youth unemployment in Greece amounted to 44.2%, followed by Spain with 42.9% and Italy with 40.1%. The data showed that the average jobless rate in Eurozone dropped by 0.1% to 9.6% compared to the previous month. In terms of general unemployment, Spain followed Greece with 18.4% and Cyprus with 14.3%. The Czech Republic (3.5%), Germany (3.5%) and Hungary (4.5%) had the lowest rates. The figures showed that the total number of unemployed was a little over 20 million.

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